CosmicTaco

Binny Bansal Steps Down from PhonePe Board

CosmicTaco · 2024-11-22T17:29:38.147904+05:30

- Flipkart co-founder Binny Bansal has resigned from PhonePe's board of directors. - Manish Sabharwal, an executive at Teamlease, has been appointed as an independent director and audit committee chair. - Bansal, who played a key role in Flipkart's acquisition of PhonePe, still owns about 1% of the fintech company. Source: [Techcrunch](https://techcrunch.com/2024/11/22/flipkart-co-founder-binny-bansal-leaves-phonepe-board/)

Flipkart co-founder Binny Bansal has resigned from PhonePe's board of directors.
Manish Sabharwal, an executive at Teamlease, has been appointed as an independent director and audit committee chair.
Bansal, who played a key role in Flipkart's acquisition of PhonePe, still owns about 1% of the fintech company.

Source: Techcrunch